For much of 2025, there was one big question on the minds of Social Security recipients: What would their 2026 cost-of-living adjustment (COLA) look like? In late October, seniors finally got their answer.…
Today’s oldest baby boomers are pushing 80. But many baby boomers are still in their early 60s, which means they may still be working and not making plans to retire just yet. But…
In 2022, the last year for which there’s data available, the average retirement savings balance for 65- to 74-year-olds was about $609,000, according to the Federal Reserve. Now stock market gains have likely…
Social Security is a program that millions of older Americans rely on today. And without those monthly benefits, many would find it a struggle to cover their basic costs. But Social Security is facing…
If you’re someone with a big chunk of money in the stock market right now, you’re probably pretty happy with the state of your portfolio. At the start of the year, a lot…
During his presidential campaign, Donald Trump promised not to make any cuts to Social Security. And he’s managed to make good on that promise so far. Not only did Trump not cut Social…
Each fall, the Social Security Administration (SSA) announces key changes to the program, and this past October was no exception. The SSA announced the following changes for 2026: A higher earnings-test limit for…
On paper, the U.S. economy has seemed strong for most of 2026. Anecdotally, people will say otherwise. A lot of people who lost jobs earlier in 2026 are still out of work many…
For much of 2025, seniors on Social Security had one big question: What would their 2026 cost-of-living adjustment (COLA) amount to? It’s an understandable question. Among Social Security recipients ages 65 and older,…
There’s a reason the decision to claim Social Security is such an important one. Your filing age will help determine how much money the program pays you every month. And seeing as how…
The idea of running out of money in retirement is a legitimate fear, and annuities promise to solve it by guaranteeing income for life. But Dave Ramsey has long been skeptical, citing steep surrender…
Many people work hard to build up savings for retirement. But retiring with a nice-sized nest egg is only half the battle. It’s equally important to make sure that money doesn’t run out on…
The Federal Reserve recently announced that it would be lowering its benchmark interest rate for the third time this year. The Fed has also signaled that it may be looking to lower interest…
There are some tough decisions you might have to make in the context of your retirement. When should you start withdrawing from your IRA or 401(k)? What type of Medicare plan should you…
There are certain aspects of life it pays to hire a professional for. You could try to tackle a plumbing issue on your own, for example, like a busted faucet or leaky pipe.…
For seniors on Social Security, there’s perhaps no more important an announcement each year than a COLA (cost-of-living adjustment) announcement. This year’s COLA announcement was actually delayed due to the government shutdown. But…
At different stages of life, you might have to make some tricky financial decisions. For example, if you decide to become a homeowner, you'll need to calculate how much you can afford to spend…
Planning for retirement can be a very exciting thing. But it can also be overwhelming. Even if you’re someone who saves consistently in an IRA or 401(k) and who’s pretty financially savvy, it’s…
In December, the Federal Reserve cut its benchmark interest rate for the third time this year. The move was not unexpected, but what’s a little less clear is what the Fed intends to…
There are millions of Americans today who collect a monthly benefit from Social Security. And for many of them, that benefit is their primary or only source of retirement income. If you don’t have…
